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Consequences of being addicted to spending .
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[QUOTE="Kendy, post: 217451, member: 63869"] There are many consequences of being addicted to spending and most especially if you are not financially independent or buoyant. Most people who even spend recklessly are those without a stable or secured source of livelihood. Some are addicted to spending just so they could move or flow with the current trend and also compete their peers and have a place in the society but reality always struck because they will sooner or later go broke and resort to borrowing money. The internet has made people to go into bad debts just to make a trend on how well they are living their lives when in reality, they are incurring huge debts. Those who are addicted to spending do not necessarily have an important investment which they have made and if you are close or acquaintances with such calibre of people, you would notice that there is no useful thing they money had been used for and they normally have many excuses to exonerate themselves especially when you try to give them some financial advise or tips. Getting addicted to spending is not advisable and this things starts mostly when trying to copy or impersonate another person. However, it can be curbed by being intentional about investing in; stocks and shares, real estate and through volunteering. [/QUOTE]
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